What to Avoid When Searching for Real Estate in Virginia Beach

 

Finding Homes For Sale can be an exciting process, but it can also be confusing and stressful if you don’t know what to look for (and what to avoid). Below are some factors which could be a deal-breaker in your search for Real Estate Virginia Beach.

Buried oil tanks: A buried oil tank can present several environmental issues, and it is cost-prohibitive to remove. If the tank leaks, the cleanup and associated repairs can cost up to $40,000.

An old roof: Old doesn’t necessarily mean “bad”; as long as it doesn’t leak, you’re OK-;but you should start putting money aside for a replacement as soon as possible. The cost to replace asphalt shingling ranges from $1000-$8000 depending on home size and location.

Substandard wiring and plumbing: Shoddy work can cost you a lot if you must pay to have pipes and walls replaced; there’s also a greater risk of a short or a fire if the electrical wiring was done by an amateur.

Unattractive carpet: It’s an easy fix; you can rip it up and replace it with hardwood, tile or even new carpet. Prices range from $10-$20 per square yard, depending on the flooring you choose.

Water damage: If you see water marks on the lower portion of basement walls, the home may have drainage problems which can’t be fixed through grading.

Electric range: If you’d rather have gas, it’s easy and relatively inexpensive to ask your gas company to run a line from the street to your home, or install a propane tank.

Asbestos: It’s a known carcinogen, and should be avoided. When inspecting a potential home, check around plumbing and in the attic; asbestos insulation looks either like fiberglass with tiny air chambers or like chalk.

Lack of central air conditioning: A window unit can be an eyesore and an inconvenience, but it’s tolerable until you can get a central unit installed. A good central AC unit can cost from $2000-$3000.

Poor schools: Even if you plan to sell before your children are old enough to start school, most families won’t want to buy a home in a bad district, and your money would be better spent elsewhere.

A search for Real Estate Virginia Beach can go smoothly, as long as you know what to look for. With the tips given above, you can be in your next home sooner than you think.

 

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